(Last Updated On: May 20, 2019)
FaZe Cloak (Cloakzy) Net Worth – $1.2 Million
Faze Cloak (Cloakzy) is a popular streamer and YouTube star whose real name is Dennis Lepore. He has an estimated net worth of $1.2 million. He is known for playing the popular game Fortnite and spends majority of his time on stream playing it. He has tried other games like Call Of Duty, Realm Royale, IRL and Destiny 2. He is a member of the FaZe Clan.
How Much Money Does Cloakzy Earn On Twitch?
Cloakzy has over 2.5 million followers as of 2019 and has accumulated over 40 million views so far. It is able to get an average of 4,400 viewers per stream and has had a peak viewership of 60,200 viewers. Streamers make money through subscribers, donations, ad revenue and bits. Cloakzy has over 10,000 subscribers from which he makes a minimum of $2.5 per subscriber every month. This should generate an estimated revenue of around $25,000 per month ($300,000 a year). He makes an equally high amount from the other avenues available.
Officially, Twitch Partners and Affiliates receive 50% of the total subscription fee, so for the $4.99 tier, the streamer would get around $2.50. Twitch has been known to increase this amount for popular streamers to encourage them to remain on the Twitch platform, with some being upgraded to anywhere from 60% to 100% of the monthly fee.
Streamers make money through the Cheering feature when a fan cheers with bits in the chat. A Cheer is an animated chat emote that uses bits. Typing “Cheer1” will generate a grey bouncing triangle, and cost you 1.4 cents. “Cheer100” brings up a dancing purple diamond, and costs you $1.4. You can Cheer any amount you please (including irregular figures, and the corresponding emotes get larger and larger, up to a “Cheer10000,” a $140 tip represented by a fractured red star. streamers will get 1 cent for every Bit pledged while Twitch will keep the 0.4 cents.
Fans can also donate directly to their favorite streamers through Paypal and also cryptocurrencies such as bitcoin, litecoin or ethereum. There are a variety of third-party services which Twitch streamers can connect to their account to activate additional features such as donations and alerts. Some of the more-popular services are Gaming For Good, StreamTip, Muxy, Stream Elements, and StreamLabs. All of these services create a unique donation page for your channel hosted on their own server which you can direct your viewers to make a donation.
How Much Money Does FaZe Cloak Earn On YouTube?
The channel has over 1.5 million subscribers as of 2019 and has accumulated over 60 million views so far. It is able to get an average 60,000 views per day from different sources. This should generate an estimated revenue of around $250 per day ($90,000 a year) from the ads that appear on the videos.
YouTubers get paid between $2 – $5 per 1000 monetized views after YouTube takes its cut. Monetized views range from 40% – 60% of the total views. All these are influenced by several factors like device played on, the location of the viewer, ad inventory, how many ads there are on a video, how many people skip the ads, ad engagement etc. The cost of an ad view is based on an auction between advertisers based on views. Advertisers have to bid a minimum of $0.01 per view.
There is also a program known as Google Preferred where deep-pocketed companies can target ads on the top 5% most popular content. The ad rates here are higher than normal. Apart from ads, YouTubers also generate extra from YouTube Red viewers who pay a monthly fee to view premium content on YouTube plus watch videos without ads. Here they get paid based on watch time on their videos. The longer the viewers watch their videos, the more money they earn.
Cloakzy makes extra income through brand deals and sponsorships. He has been sponsored by GFuel. Together with other FaZe members he makes money through competitive gaming earning $40,000 in prize earnings.